Washington (April 7, 2004) -- America appears to be overly optimistic when it comes to retirement -- the proportion of workers who say they are saving for retirement has remained unchanged since 2001, according to the 14th annual Retirement Confidence Survey.

One-quarter (24 percent) of workers are very confident and 44 percent are somewhat confident. Almost half (47 percent) who haven't saved for retirement are at least somewhat confident about having enough money in retirement, with expectations that their retirement money will inevitably come from somewhere, according to the survey by the Employee Benefit Research Institute, the American Savings Education Council and Mathew Greenwald & Associates.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access